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>> it's not just the clinton tax rates. we had a pretty good economy under bill clinton. >> different spending rates, too, back then, governor. >> well, that's right. it's also cuts in defense which we haven't had in 30 years and a cut in human services, which i'd rather not do, but i think everybody needs to something on the table to get what we need to get. it's the best deal for the country. we'll have a recession. the cbo thinks and i agree with this, we'll have 1.3% negative growth for two quarters and we'll go back with a slightly less than 2% growth rate for the entire. we're not going to get out of this without pain. anybody when thinks we'll get through the deficit problem without having to do some sacrificing is wrong. what this does in my view as a democrat is it distributes the burden of the pain fairly, that is, we go back to the clinton tax rates for everybody, not just for rich folks. and we had a good economy under bill clinton. we go back -- we get -- cuts in defense spending which we know is higher than it
>> it's not just the clinton tax rates. we had a pretty good economy under bill clinton. >> different spending rates, too, back then, governor. >> well, that's right. it's also cuts in defense which we haven't had in 30 years and a cut in human services, which i'd rather not do, but i think everybody needs to something on the table to get what we need to get. it's the best deal for the country. we'll have a recession. the cbo thinks and i agree with this, we'll have 1.3%...
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Dec 6, 2012
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they may finds a compromise that isn't necessarily clinton era tax rates, something in between. but it looks like the makings of a deal. with every change on the republican side, more and more likely to happen than not. >> all right. we'll see about that. we'll be watching. obviously, very, very important for the markets. thanks. see you later. >>> let's get to bertha coombs. one company with big moves after the bell. over to you. >> maria, amarin is falling after the bell. some had suspected them to solicit a bid to buy itself out. it has a drug that's a fish oil drug that's prescription. they say they're hiring a sales staff and they still expect to present more details to the fda in february 2013. some disappointment, clearly, there. maria. >> thanks so much, bertha. we'll keep watching that. >>> up next, the stock market and america. steve liesman up next with surprising new results from the exclusive cnbc survey. >>> and then as the lawsuits fly over hewlett-packard's autonomy mess, i'll talk with the ceo of deloitte and their role in looking over the books. ally bank. why
they may finds a compromise that isn't necessarily clinton era tax rates, something in between. but it looks like the makings of a deal. with every change on the republican side, more and more likely to happen than not. >> all right. we'll see about that. we'll be watching. obviously, very, very important for the markets. thanks. see you later. >>> let's get to bertha coombs. one company with big moves after the bell. over to you. >> maria, amarin is falling after the bell....
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we have the same tax rates that we have when bill clinton was president. significant cuts in defense and also significant human services can you tell us. >> katie, let me ask you, before you respond to what governor dean is saying. there is logic to what howard dean is saying. i don't happen to agree with it. but i know where he's coming from. katie, let me ask you this -- katie can't hear me. we'll wait for her to get back hooked in. howard, what about the notion that i'm posing tonight -- i've said this a few times -- republicans better be careful. they're not going down your road and the democrats aren't going down your road. you have middle class tax cuts for the democrats and it sometimes sounds to me as an old reagan conservative that the republicans better watch themselves because sometimes it sounds like they are kind of defending rich people. that's their whole mantra, just defending rich people. and i think that's not where they should be. >> i would agree. if i were politically advising the republicans, which i'm certainly not, i think tom colts
we have the same tax rates that we have when bill clinton was president. significant cuts in defense and also significant human services can you tell us. >> katie, let me ask you, before you respond to what governor dean is saying. there is logic to what howard dean is saying. i don't happen to agree with it. but i know where he's coming from. katie, let me ask you this -- katie can't hear me. we'll wait for her to get back hooked in. howard, what about the notion that i'm posing tonight...
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and what clinton could do in the future, i don't know. i don't know why obama is so insistent on higher tax rates except it fits his rhetoric. stuart: at the end of the day, i think that the republicans will actually submit on the issue of higher tax rates. it may be just tax rates higher for those making half a million a year, i think they'll retreat a little bit. >> i think, too, what i'd like to see the republicans do, i'd like to see them pass a bill extending tax cuts below $250,000 and everyone agrees those should be put through and then put through another bill that extends the tax cuts on those $250,000 and above and let the democrats take ownership because you know, they're going to be held responsible for the economic performance of 2013 and come 2014, you can actually get a political change that might make a difference. stuart: we'll wait and see on that one. art laffer, always a pleasure. >> bye now. stuart: the republicans submit their fiscal cliff solution. now, that plan put out by speaker boehner, includes 800 billion doll
and what clinton could do in the future, i don't know. i don't know why obama is so insistent on higher tax rates except it fits his rhetoric. stuart: at the end of the day, i think that the republicans will actually submit on the issue of higher tax rates. it may be just tax rates higher for those making half a million a year, i think they'll retreat a little bit. >> i think, too, what i'd like to see the republicans do, i'd like to see them pass a bill extending tax cuts below $250,000...
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secretary clinton will have a summit morrow could. so that will allow the u.s. to funnel money and aid through the new political structure in order to help the rebels create a new government. >> margaret is the u.s. prepared to provide weapons? >> not likely. u.s. diplomats are advising them on,000 create a military command but not likely to give them arms. officials are concerned that they could fall into the hands of extremists including an al qaeda affiliate that is active within syria. so the u.s. is most likely to increase aid. they've give end $125 million in humanitarian support and dlufrd delivered it inside syria. >> margaret brennan, thanks so much for joining us. >>> president obama is asking congress to provide $60 billion in disaster aid for new york new jersey and connecticut. that storm devastated coastal communities in the northeast. governors of those three states estimate that combined damage from the sandy topped $80 billion. >> secretary of state hillary clinton will testify before congress about september's deadly attack on the u.s. consulat
secretary clinton will have a summit morrow could. so that will allow the u.s. to funnel money and aid through the new political structure in order to help the rebels create a new government. >> margaret is the u.s. prepared to provide weapons? >> not likely. u.s. diplomats are advising them on,000 create a military command but not likely to give them arms. officials are concerned that they could fall into the hands of extremists including an al qaeda affiliate that is active within...
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he loves the bill clinton era, how about returning to bill clinton era spending in proportion? >> wouldn't that be nice? how about return to the bill clinton era on capital gains rates? it was bill clinton who pushed it down. now president obama is pushing it way up. yet it would be nice to return to the basis of bill clinton, but that's not what we're doing. we're taking a little bit more here, a little bit more there, a little bit more over there. all to pay for all of this wonderful spending that the president wants. >> steve: maybe in four years when hillary runs for president. you have got to figure that's going to happen. >> i wonder what's going to happen to the economy. it's weak now, you raise taxes a little bit more, what happens to the economy? >> steve: so many people have been forecasting that the president does raise rates, couple of years ago, he said during a recession, that's the worst time to jack up rates. now we're not technically in a recession, but we're in a very soft edge. >> watch out, steve, 'cause here it comes, a little bit more. >> steve: thank you
he loves the bill clinton era, how about returning to bill clinton era spending in proportion? >> wouldn't that be nice? how about return to the bill clinton era on capital gains rates? it was bill clinton who pushed it down. now president obama is pushing it way up. yet it would be nice to return to the basis of bill clinton, but that's not what we're doing. we're taking a little bit more here, a little bit more there, a little bit more over there. all to pay for all of this wonderful...
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the real core of what clinton had was they cut spending. their percentage of spending to gdp was so much less, and that's where they got out of it. that agreement in '97 cut taxes and cut spending, which spurred growth. and we need a pro-growth economy. that's how we're going to get out of this mess. what we're talking about today, of just raising the taxes, does not solve the problem. i don't see it passing the house. now, republicans have not sat back. we've put revenue on the table. but the president has always said it has to be a balanced approach. >> if you can choose, if you could choose, what's -- i mean we've heard -- we've heard from their side, from the other side, and i'm talking about from your viewpoint, secretary geithner. >> yes. >> has said, we -- if we don't get the 2% -- if we don't get the rise on rates on the 2% we'll go over the fiscal cliff. in your view would it be better to go over the fiscal cliff than to get the back to the clinton rates on the high end? >> i think the best thing we don't go over the fiscal cliff.
the real core of what clinton had was they cut spending. their percentage of spending to gdp was so much less, and that's where they got out of it. that agreement in '97 cut taxes and cut spending, which spurred growth. and we need a pro-growth economy. that's how we're going to get out of this mess. what we're talking about today, of just raising the taxes, does not solve the problem. i don't see it passing the house. now, republicans have not sat back. we've put revenue on the table. but the...
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it's a simple question, as president clinton said, of arithmetic. arithmetic. you can't get from here to there unless you raise the rates. >> so guys, that's where we are as of this morning, and now what everyone's waiting for is which side will make a concrete proposal here that actually includes some concessions? back to you. >> joining us from washington, d.c., jake sherman, congressional reporter for politico. who is going to make some honest concessions first? >> what eamon said is absolutely right. this comes down to one thing, whether republicans are willing to raise marginal income tax rates on americans. they're saying they're willing to raise revenue, but president obama has one criteria in this debate and that's raising income rates on all americans. right now, the sides are in their two corners on this and nobody is moving. so we're really only a couple weeks out and there's this huge gap, and eamon was right in another aspect. there is this brush fire of conservative lawmakers who don't want to raise revenue at all. so this is a huge problem for sp
it's a simple question, as president clinton said, of arithmetic. arithmetic. you can't get from here to there unless you raise the rates. >> so guys, that's where we are as of this morning, and now what everyone's waiting for is which side will make a concrete proposal here that actually includes some concessions? back to you. >> joining us from washington, d.c., jake sherman, congressional reporter for politico. who is going to make some honest concessions first? >> what...
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the president needs to take a page out of president bill clinton -- >> he's in philadelphia with the middle class behind him and nodding and saying, i've got a pen, i've got a pen. i've still got a pen, i've still got a pen. >> president obama owes president clinton a great deal for helping him get elected. number one, we need a meaningful citizen education engagement effort with the white house in formada, next year to build the case for a grand bargain. the official version of what i did and what my colleagues did over the last several months and we need congressional hearings that will set the stage for tax reforms, social security reform and the president needs to negotiate privately and have discussions with congressional leaders of both parties privately. those three things can get us to the promt promise land. and without all three of those, we're in trouble. >> but, david, that is exactly what was supposed to happen between july of 2011 and today. and guess what? none of it has happened. none of it. we're having the same conversation. >> you know what? >> only the president c
the president needs to take a page out of president bill clinton -- >> he's in philadelphia with the middle class behind him and nodding and saying, i've got a pen, i've got a pen. i've still got a pen, i've still got a pen. >> president obama owes president clinton a great deal for helping him get elected. number one, we need a meaningful citizen education engagement effort with the white house in formada, next year to build the case for a grand bargain. the official version of...
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ronald reagan and througho the clinton era. john: george w. bush hired 86,000 more regulators. >> banking is one of the most regulated industries if not the most. the problem was not deregulation but we had a crisis caused by a massive industry in real-estate due to policies to seven everybody encouraged to take out a mortgage. there will intended. they crafted the bill. logic says this will protect us? >> dodd/frank does not end the bailout are too big to fail. john: all this? that is left in here and even encouraged because it implies some banks will be bailed out. >> right. when you say the bank is systemic you say it is an institution to big and important and critical to allow to be left 57 they have labeled them systemic. it shows what happens and white increases the risk. the big banks can borrow money more cheaply because they think the government will bl them out. >> creditors know they will not be bailed out if they fail so they give them money at it cheaper rate. >> jpmorgan chase pays $ interest but the smallank pays $70 $0.50. they
ronald reagan and througho the clinton era. john: george w. bush hired 86,000 more regulators. >> banking is one of the most regulated industries if not the most. the problem was not deregulation but we had a crisis caused by a massive industry in real-estate due to policies to seven everybody encouraged to take out a mortgage. there will intended. they crafted the bill. logic says this will protect us? >> dodd/frank does not end the bailout are too big to fail. john: all this? that...
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ronald reagan and throughout the clinton era. john: george w. bush hired 86,000 more regulators. >> banking is one of the most regulated industries if not the most. the problem was not deregulation but we had a crisis caused by a massive industry in real-estate due to policies to seven everybody encouraged to take out a mortgage. there will intended. they crafted the bill. logic says this will protect us? >> dodd/frank does not end the bailout are too big to fail. john: all this? that is left in here and even encouraged because it implies some banks will be bailed out. >> right. when you say the bank is systemic you say it is an institution to big and important and critical to allow to be left 57 they have labeled them systemic. it shows what happens and white increases the risk. the big banks can borrow money more cheaply because they think the government will bail them out. >> creditors know they will not be bailed out if they fail so they give them money at it cheaper rate. >> jpmorgan chase pays $4 interest but the small bank pays $70 $0.50.
ronald reagan and throughout the clinton era. john: george w. bush hired 86,000 more regulators. >> banking is one of the most regulated industries if not the most. the problem was not deregulation but we had a crisis caused by a massive industry in real-estate due to policies to seven everybody encouraged to take out a mortgage. there will intended. they crafted the bill. logic says this will protect us? >> dodd/frank does not end the bailout are too big to fail. john: all this?...
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ronald reagan and throughout the clinton era. john: george w. bush hired 86,000 more regulators. >> banking is one of the most regulated industries if not the most. the problem was not deregulation but we had a crisis caused by a massive industry in real-estate due to policies to seven everybody encouraged to take out a mortgage. there will intended. they crafted the bill. logic says this will protect us? >> dodd/frank does not end the bailout are too big to fail. john: all this? that is left in here and even encouraged because it implies some banks will be bailed out. >> right. when you say the bank is systemic you say it is an institution to big and important and critical to allow to be left 57 they have labeled them systemic. it shows what happens and white increases the risk. the big banks can borrow money more cheaply because they think the government will bail them out. >> creditors know they will not be bailed out if they fail so they give them money at it cheaper rate. >> jpmorgan chase pays $4 interest but the small bank pays $70 $0.50.
ronald reagan and throughout the clinton era. john: george w. bush hired 86,000 more regulators. >> banking is one of the most regulated industries if not the most. the problem was not deregulation but we had a crisis caused by a massive industry in real-estate due to policies to seven everybody encouraged to take out a mortgage. there will intended. they crafted the bill. logic says this will protect us? >> dodd/frank does not end the bailout are too big to fail. john: all this?...
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we always talk about the 1993 income tax of president clinton, and the top tax rate was 39.6%. threshold, $250 thud. so flash forward from 1993 to present, okay. well let me tell you something, there is this little thing called inflation. i know this might be nitpicking. but $250,000 today well, started out if you want to be apples to apples would be about $165,000 then. in other words, we are not adjusting even for inflation. so, if we're talking about $250,000 today being the same as then, we're wrong. it would be $165,000. so the point is, is that the difference between these two is $85,000. okay? is a 35% miss when it comes to being honest about it. oh, even worse let's take this. how many times, of course you've heard a million times, taxes on million favors and billionaires, even though, and i know this is adjusted, okay, but let's just keep it $250,000. well, 250 grand isn't a million. so it's off by 750-k over 1 million. okay? so, in essence, what we're doing is we're off on this one by 75%. we're off by 35% and 75%. so why am i doing this? because i'll tell you what, m
we always talk about the 1993 income tax of president clinton, and the top tax rate was 39.6%. threshold, $250 thud. so flash forward from 1993 to present, okay. well let me tell you something, there is this little thing called inflation. i know this might be nitpicking. but $250,000 today well, started out if you want to be apples to apples would be about $165,000 then. in other words, we are not adjusting even for inflation. so, if we're talking about $250,000 today being the same as then,...
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ronald rgan and throughout the clinton era. john: george w. bush hired 86,000 more regulators. >> banking is one of the most regulated industries if not the most. the problem was not deregulation but we had a crisis caused by a massive industry in real-estate due to policies to seven everybody encouraged to take out a mortgage. there will intended. they crafted the bill. logic says this will protect us? >> dodd/frank does not end the bailout are too big to fail. john: all this? that is left in herend even encouraged because it implies some banks will be bailed out. >> right. when you say the bank is systemic you say it is an institution to big and important and critical to allow to be left 57 they have labeled them systemic. it shows what happens and white increases the risk. the big banks can borrow money more cheaply because they think the government will bail them out. >> creditors know they will not be bailed out if they fail so they give them money at it cheaper rate. >> jpmorgan chase pays $4 interest but the small bank pays $70 $0.50. t
ronald rgan and throughout the clinton era. john: george w. bush hired 86,000 more regulators. >> banking is one of the most regulated industries if not the most. the problem was not deregulation but we had a crisis caused by a massive industry in real-estate due to policies to seven everybody encouraged to take out a mortgage. there will intended. they crafted the bill. logic says this will protect us? >> dodd/frank does not end the bailout are too big to fail. john: all this? that...
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ronald reagan and throughout the clinton era. john: george w. bush hired 86,000 more regulators. >> banking is one of the most regulated industries if not the most. the problem was not deregulation but we had a crisis caused by a massive industry in real-estate due to policies to seven everybody encouraged to take out a mortgage. there will intended. they crafted the bill. logic says this will protect us? >> dodd/frank does not end the bailout are too big to fail. john: all this? that is left in here and even encouraged because it implies some banks will be bailed out. >> right. when you say the bank is systemic you say it is an institution to big and important and critical to allow to be left 57 they have labeled them systemic. it shows what happens and white increases the risk. the big banks can borrow money more cheaply because they think the government will bail them out. >> creditors know they will not be bailed out if they fail so they give them money at it cheaper rate. >> jpmorgan chase pays $4 interest but the small bank pays $70 $0.50.
ronald reagan and throughout the clinton era. john: george w. bush hired 86,000 more regulators. >> banking is one of the most regulated industries if not the most. the problem was not deregulation but we had a crisis caused by a massive industry in real-estate due to policies to seven everybody encouraged to take out a mortgage. there will intended. they crafted the bill. logic says this will protect us? >> dodd/frank does not end the bailout are too big to fail. john: all this?...
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they impeached bill clinton but made a deal. they made a deal that was nor the right of where most democrats are. this president has a unique opportunity to make a deal for more towards his left. remember dick cheney said to -- speaking of sequels. remember when dick cheney said you got the high approval ratings you can spend them on the iraq war. republicans what they want is the president to spend some of his popularity and put out unpopular ideas for cuts. democrats don't have an incentive to do that. >> big news. stand by. my thanks. in need to pass along this breaking news from across the pond. we're just learning that prince william and kate middleton are expecting. this is news from clarence house. they will be having their first baby. nbc news is working further to confirm this but the rest of the royal family has said to be excited by this news. she was admitted to the hospital this afternoon because of morning sickness. she's pebted to stay in the hospital for a few days. the panel can all agree -- >> republicans and d
they impeached bill clinton but made a deal. they made a deal that was nor the right of where most democrats are. this president has a unique opportunity to make a deal for more towards his left. remember dick cheney said to -- speaking of sequels. remember when dick cheney said you got the high approval ratings you can spend them on the iraq war. republicans what they want is the president to spend some of his popularity and put out unpopular ideas for cuts. democrats don't have an incentive...
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. >>> wooing hillary clinton. the high ranking politician that wants the secretary of state to replace him in office. it is not the president. ♪ we were skipping stones and letting go ♪ ♪ over the river and down the road ♪ [ female announcer ] at nature valley, we know nature comes together in amazing ways. that's why we bring together natural ingredients, like dark chocolate with toasted oats, or sweet golden honey. perfect combinations of nature's delicious ingredients, from nature valley. ♪ ♪ i was thinking that i hope this never ends ♪ [ female announcer ] nature valley granola bars, nature at its most delicious. >>> welcome back. getting ready for wet weather in the north bay. over the last three hours train of light echoes blue and green it means sprinkles to light rain along the sonoma county coast towards cloverdale now. mainly cloudy and mild 49 los gatos and concord the rest of us in the low to mid 50s. as we head into the afternoon hours starting off mild compared to yesterday, we'll end u
. >>> wooing hillary clinton. the high ranking politician that wants the secretary of state to replace him in office. it is not the president. ♪ we were skipping stones and letting go ♪ ♪ over the river and down the road ♪ [ female announcer ] at nature valley, we know nature comes together in amazing ways. that's why we bring together natural ingredients, like dark chocolate with toasted oats, or sweet golden honey. perfect combinations of nature's delicious ingredients, from...
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new york city mayor bloomberg called hillary clinton and said you should be my successor as mayor. how do you think that conversation went? i think being a mayor of new york city gives you an opportunity to imagine things that are possible but not in real life. i can imagine how hillary clinton would be enticed to take on that smaller stage after her staging as the nation and the world for the last decade. >> jim, i wonder if she was flattered by it or thought to herself, i'm on the world stage here. why would i go and become mayor of new york city? >> i mean, everything i've read about sect clinton suggests that she's looking forward to a break at the end of this year. i don't think running for mayor is very conducive to that. it's not my idea of a relaxing time but i may be wrong. >> people are joking that mayor bloomberg looks tired. it's a big job. but the one thing she's been consistent about, she needs to sleep a little. great to see you. jim, thank you as well. >>> meantime, the u.s. navy is denying iran's claim that it has captured an unmanned drone. they say that none are
new york city mayor bloomberg called hillary clinton and said you should be my successor as mayor. how do you think that conversation went? i think being a mayor of new york city gives you an opportunity to imagine things that are possible but not in real life. i can imagine how hillary clinton would be enticed to take on that smaller stage after her staging as the nation and the world for the last decade. >> jim, i wonder if she was flattered by it or thought to herself, i'm on the world...
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secretary of state hillary clinton warned that was a red line. a short while ago, president obama issued this warning from washington. today, i want to make it absolutely clear to assad andd those -- and those under his command, the world is watching. the use of chemical weapons is an would be totally -- is and would be totally acceptable. if you make them tragic mistake of using these weapons, there will be consequences and you will be held accountable. >> i discussed his strong words to syria's leaders with the bbc 's state department correspondent. while u.s. officials talking about serious chemical weapons -- wh yare -- why are u.s. officials talking about syria's chemical weapons now? >> officials have been quoted as saying they have seen activity, that these weapons are being moved around, possibly in preparation for their use. it is very difficult to read the assad government and find out exactly what they are doing. are they trying to protect them? are they trying to bluff? we have heard from certain officials saying they have no intentio
secretary of state hillary clinton warned that was a red line. a short while ago, president obama issued this warning from washington. today, i want to make it absolutely clear to assad andd those -- and those under his command, the world is watching. the use of chemical weapons is an would be totally -- is and would be totally acceptable. if you make them tragic mistake of using these weapons, there will be consequences and you will be held accountable. >> i discussed his strong words to...
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secretary clinton said she was not interested. politico reports actress ashley judd is seriously considering a run for 2014 against mitch mcconnell in his home state of kentucky. mcconnell's office warned he will not go easy on whoever the democratic challenger is but did not reference judd specifically. mitt romney is going back to work at his own job. marriott international has announced romney rejoined the board of directors after resigning two years ago. as for how much romney will earn, s.e.c. showed that directors received a base pay of $60,000 plus $1250 for every meeting they attended. romney has a long-time friendship with the members of marriott family and has served on the board off and on since 1993. >>> all right. time for the "news nation" gut check. bloomberg news is reporting that president obama is considering "vogue" anna wintor to be the next u.s. ambassador to the uk or france. she raised $500,000 for his re-election campaign. she's been at "vogue" for more than 25 years and they say she's very happy about the
secretary clinton said she was not interested. politico reports actress ashley judd is seriously considering a run for 2014 against mitch mcconnell in his home state of kentucky. mcconnell's office warned he will not go easy on whoever the democratic challenger is but did not reference judd specifically. mitt romney is going back to work at his own job. marriott international has announced romney rejoined the board of directors after resigning two years ago. as for how much romney will earn,...
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billion dollars a year just one of the big business announcements made a promise evening during president clinton's visit to mr ball but the two countries remain a lot of heads nonetheless over how to solve the conflict in syria which neighbors turkey has a really good meeting. syria dominated the press conference off the russian and turkish leaders to quote president putin we russia and turkey have common goals when it comes to syria but it's the methods of reaching that solution peaceful solution is that we cannot really quite agree on that just yet other than that of course you also spoke about the necessity of keeping out of the syrian issue there was a question. with a turkish journalist who said if there is a possibility that syria will attack turkey so a notion which the russian president dismissed saying that syria has to was going on inside its borders right now to even think about possibly going outside and attacking somebody he said that notion is the only preposterous when it comes to turkey's recent request to nato to place patriot missiles on its border with syria russian president on
billion dollars a year just one of the big business announcements made a promise evening during president clinton's visit to mr ball but the two countries remain a lot of heads nonetheless over how to solve the conflict in syria which neighbors turkey has a really good meeting. syria dominated the press conference off the russian and turkish leaders to quote president putin we russia and turkey have common goals when it comes to syria but it's the methods of reaching that solution peaceful...
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critical the question becomes well they be used effectively frankly most leadership other than general clinton correct currently incompetent so if you give a bunch of incompetent people more resources you're still going to have a bunch of incompetent people with a lot of resources but no more effective in their application of their capability nicely put left telling come out of the chef a senior fellow at the washington of a sense of for advance to find studies thanks for being. here having me or i will have a brief this bring it to speed egypt's top judges have now agreed to oversee the referendum on the draft constitution in two weeks time according to the legal aide to president mohamed morsi it follows the standoff with the leaders is that his support. says who perceives the supreme court building you prevented judges from entering financially reacted to the intimidation by going on strike refusing to rule on the islamist control panel drew up egypt's new constitution this comes as anti morsi activists renewed calls for demonstrations against what they call an oppressive regime with mass m
critical the question becomes well they be used effectively frankly most leadership other than general clinton correct currently incompetent so if you give a bunch of incompetent people more resources you're still going to have a bunch of incompetent people with a lot of resources but no more effective in their application of their capability nicely put left telling come out of the chef a senior fellow at the washington of a sense of for advance to find studies thanks for being. here having me...
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prague secretary of state hillary clinton reiterated a strong warning to the syrian government to not use its chemical weapons she said quote i'm not going to telegraph in any specifics of what we would do in the event of credible evidence that the assad regime has resorted to using chemical weapons against their own people but suffice it to say we're certainly planning to take action now her comments came just as new reports surfaced that israel had twice approached the jordanian government with a plan to take out many of these weapons and while israel can do it alone the report argues that this was an attempt to ask permission from jordan country what sits at the fault lines of these chemical weapons sites all this issue and many more were addressed today at a special media roundtable with the foreign minister of jordan nasser judeh and here to break down some of what was discussed including jordan's role in syria and palestine i'm joined by our to producer america david hi thanks for coming on and thanks to the may be a round table because i'm going over there and i'm actually so t
prague secretary of state hillary clinton reiterated a strong warning to the syrian government to not use its chemical weapons she said quote i'm not going to telegraph in any specifics of what we would do in the event of credible evidence that the assad regime has resorted to using chemical weapons against their own people but suffice it to say we're certainly planning to take action now her comments came just as new reports surfaced that israel had twice approached the jordanian government...
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melissa: secretary of state hillary clinton responding to reports syria's regime is moving its stockpiles of chemical weapons and there is new word that syria is combining chemicals to make deadly sarin gas. would its use be enough to push unraveling middle east over the edge? for insight we turn tt britte gabriel, terrorism expert and president of act for america. welcome to the show. >> thank you, melissa. melissa: this is certainly frightening news and frightening reports. from what you've seen do you think this is what syria is doing? >> syria is moving chemical weapons in a way they have not done before. they usually move these things around but the activities of the last 48 hours show they are up to something and the concern here is that bashar assad says if he goes down he will take the whole middle east down with him and i believe his last resort will be using chemical weans in, if in fact he is losing. the rebels in the last 48 hours gained really good ground against the assad regime and there were reports that came out of syria yesterday, two different reports said, some said he
melissa: secretary of state hillary clinton responding to reports syria's regime is moving its stockpiles of chemical weapons and there is new word that syria is combining chemicals to make deadly sarin gas. would its use be enough to push unraveling middle east over the edge? for insight we turn tt britte gabriel, terrorism expert and president of act for america. welcome to the show. >> thank you, melissa. melissa: this is certainly frightening news and frightening reports. from what...
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mayor clinton? >> probably not. >> new york city is looking for a mayor. >> maybe something with a little more beach front property the next few years before thinking about iowa. >> i don't know. you're watching "starting point." we'll take some guesses. 0 calor? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. point." this just in, a school bus carrying children has crashed into a pole in seminole county, florida. this is from wftv who spoke to the florida highway patrol. troopers told them the children were taken off the bus.
mayor clinton? >> probably not. >> new york city is looking for a mayor. >> maybe something with a little more beach front property the next few years before thinking about iowa. >> i don't know. you're watching "starting point." we'll take some guesses. 0 calor? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. when you take a closer look... ...at the best schools...
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that's how it worked in the clinton years. that's how every deal we've gotten with the president has worked. that's how this deal will work. >> you're not going to get a majority of the majority unless there's significant cuts. the president needs to understand john boehner is the best -- the best negotiating partner he's going to ever have. and he's got to also understand conservatives, you know, i've been talking about republicans improving their brand, being more cooperative. i wouldn't vote for a deal to raise taxes in a million years. unless there were significant real substantial spending cuts on the other side. so -- >> don't cave. compromise. as you said. >> don't cave, compromise. >> congressmen kris van hollen and tom cole. >> we appreciate it. >> good luck. i hope you get it done. you're going to get it done. david gregory, thank you as well. >> thank you, david. >> you bet. >>> coming up, senator claire mccaskill will be here, my favorite senator. >> the luckiest senator, in fact, this past year. >> oh, cokie rober
that's how it worked in the clinton years. that's how every deal we've gotten with the president has worked. that's how this deal will work. >> you're not going to get a majority of the majority unless there's significant cuts. the president needs to understand john boehner is the best -- the best negotiating partner he's going to ever have. and he's got to also understand conservatives, you know, i've been talking about republicans improving their brand, being more cooperative. i...
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president clinton was the person to give them the award. if you look at this ship and think about it, over 200 people in it in a space of 35 feet wide and 200 feet--300 feet long, it is pretty tight accommodations and if you look at the bunker room you will see there really aren't enough bunks for all the people. it was a tough situation especially they would be off on the water for months at a time and they were smaller ships. on the north atlantic it could be a very difficult situation out there. i have some photographs that show the ships actually complete the eyes and crested and they would move around on the water with great difficulty but they survived. after the war some of them were scrapped. some of them were given to other countries as part of president truman's truman doctrine which was to provide these types of vessels and other military aid to other countries so this particular vessel went to greece and was their number one vessel for longtime and until about 1991 when the greek government decided they no longer needed this ves
president clinton was the person to give them the award. if you look at this ship and think about it, over 200 people in it in a space of 35 feet wide and 200 feet--300 feet long, it is pretty tight accommodations and if you look at the bunker room you will see there really aren't enough bunks for all the people. it was a tough situation especially they would be off on the water for months at a time and they were smaller ships. on the north atlantic it could be a very difficult situation out...
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bush and clinton administrations. both of you went to the same university. i'm sure you can agree on everything today. dr. zandi first. >> thank you for the opportunity. it is an honor to be here with kevin, a good friend of mine. let me say that these are my own personal views. lawmakers have to resolve three issues -- first, the fiscal cliff. second, raising the treasury debt ceiling, which as you know is becoming an issue rarely soon. third, achieving long-term fiscal sustainability. that is deficit reduction and tax increases and spending cuts that allow the gdp ratio to stabilize by the end of the decade. these three things need to be done now. in terms of the fiscal cliff, if policy is unchanged and we go over the cliff and there is still no change after that, the gdp in 2013 will 3.5 percentage points. subtract that and that is a severe recession. cbo and others are probably us are underestimating how severe that will be because confidence is very weak. it is unclear how the reserve would response to this. we need to scale back from the cliff. at the
bush and clinton administrations. both of you went to the same university. i'm sure you can agree on everything today. dr. zandi first. >> thank you for the opportunity. it is an honor to be here with kevin, a good friend of mine. let me say that these are my own personal views. lawmakers have to resolve three issues -- first, the fiscal cliff. second, raising the treasury debt ceiling, which as you know is becoming an issue rarely soon. third, achieving long-term fiscal sustainability....
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we would have no collective debt at all if we had left in place the clinton budgetary strategy. megyn: what do you make of that quote. >> what i'm responding to is i think what we are dealing with is a tell poar a temporal thing. it would drive the markets down and create say could and uncertainty. the president is saying we can't go through that again. megyn: he's wanting not only to raise it but to have uniform authority to raise. a fewer years ago they were saying that was a failure of leadership. >> he may not get it but he's right to argue that way the republicans have been doing this has been irresponsible. let's get this done in the way our democracy has worked the for hundreds of years. not this new extraordinary thing. i think he's right to put pressure on the republicans. megyn: i thought it was the democrats trying to make this part of the deal to head off -- to stop us from going off the fiscal cliff. they said by the way we need to raise the debt limit and this new proposal of eliminating congress from the process of raising the debt limit. >> senator mcconnell has
we would have no collective debt at all if we had left in place the clinton budgetary strategy. megyn: what do you make of that quote. >> what i'm responding to is i think what we are dealing with is a tell poar a temporal thing. it would drive the markets down and create say could and uncertainty. the president is saying we can't go through that again. megyn: he's wanting not only to raise it but to have uniform authority to raise. a fewer years ago they were saying that was a failure of...
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bush, bill clinton, all objecting to settlement on that spot and getting his assurances from israel that it wouldn't be built on, so why now? tough talking? election coming up? what happened in the u.n.? what's the feeling there? >> well, certainly the israelis have made no secret of the fact that this is a direct punitive measure for what happened at the u.n. last thursday where, of course, the palestinians managed get an upgraded status there in the u.n. general assembly going to nonmember observer state. of course, the word state there is the operative one for the palestinians. the palestinians now say they do, in fact, have a state which is a taertory that is defined as the west bank, gaza, and east jerusalem. so, therefore, the palestinians are saying that this obviously would make the implementation of this state all but impossible because they say it would be impossible for them to even reach their capital that they want to have, which is, of course, east jerusalem. this is certainly a measure that's cause aing lot of international controversy. you were saying that great britain a
bush, bill clinton, all objecting to settlement on that spot and getting his assurances from israel that it wouldn't be built on, so why now? tough talking? election coming up? what happened in the u.n.? what's the feeling there? >> well, certainly the israelis have made no secret of the fact that this is a direct punitive measure for what happened at the u.n. last thursday where, of course, the palestinians managed get an upgraded status there in the u.n. general assembly going to...
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what happened in mart d and actually president clinton referred to this in his speech at the democratic convention -- is actually bringing the cost of the pharmaceuticals down. what it's doing is similar to what i wag talking about relative to capitalistic competition. we did a joint venture just a few years ago with wal-mart. and we introduced a $15 a month drug plan. $15 a month. and the city thought we were crazy to do this, but what we did is we worked with wal-mart's purchasing power, wal-mart distribution capabilities capabd management and our ability to bring solutions to our members. and brought our product out. this his brought down the price of part d significantly. this year united came off witness a $15 plan and doing it with target and cvs and that's bringing competition to the market place. you're right, maybe you can't take the anthem plan and the humana plan at the time of purchase and use those individually but the thing about medicare advantage or part d, you can walk next year, and your ability to walk from one plan to another man, motivates me to deliver an experienc
what happened in mart d and actually president clinton referred to this in his speech at the democratic convention -- is actually bringing the cost of the pharmaceuticals down. what it's doing is similar to what i wag talking about relative to capitalistic competition. we did a joint venture just a few years ago with wal-mart. and we introduced a $15 a month drug plan. $15 a month. and the city thought we were crazy to do this, but what we did is we worked with wal-mart's purchasing power,...
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hillary clinton finally came out and gave a strong endorsement to susan rice. some people, including maureen dowd, would suggest maybe that took a little longer than was necessary. >> it was striking. it was striking how long it took. and it didn't go unnoticed, obviously. >> she's traveling. >> you see john kerry being embraced by republicans. i think a lot of democrats would also like him to be the next secretary of state. where are we in that fight? we have so many issues that are on the front pages now. i think the president needs to get his person in as soon as possible. >> well, my sense is that secretary clinton weighing in perhaps suggests that the nomination is coming soon. i've talked to people on all sides of this. there's no question that benghazi continues to be litigated. even on the democratic side, there is some division on this. i've talked to democratic senators who have questioned whether she has the standing, the stature, to be secretary of state. so obviously there's some division about how people view susan rice. but here's the bottom line
hillary clinton finally came out and gave a strong endorsement to susan rice. some people, including maureen dowd, would suggest maybe that took a little longer than was necessary. >> it was striking. it was striking how long it took. and it didn't go unnoticed, obviously. >> she's traveling. >> you see john kerry being embraced by republicans. i think a lot of democrats would also like him to be the next secretary of state. where are we in that fight? we have so many issues...
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who was really doing badly during the clinton years? all right. >> the problem is that kind of tax structure makes it so that -- again, part of it is taking capital gains -- the dividend income back up to a normal income. that's the biggest leap for them. that's the one they're freaked out about. when you do that, it makes you less -- likely to take your money out of the investment system and just spend it or put it someplace else and it keeps it in the system. keeps american businesses flowing. keeps you invested. that investment in and of itself is good for the economy. it is the extraction over the last decade that's actually really harmful where people are skimming the short-term -- like shorting airlines or something. [ ♪ "world news tonight" ♪ ] >> stephanie: i'm confused. i thought yesterday we had a -- california was banning gay repairtive therapy which is dangerous. two federal judges have arrived at opposite conclusions on whether the state's first of its kind law prohibiting therapist from changing them violates the const
who was really doing badly during the clinton years? all right. >> the problem is that kind of tax structure makes it so that -- again, part of it is taking capital gains -- the dividend income back up to a normal income. that's the biggest leap for them. that's the one they're freaked out about. when you do that, it makes you less -- likely to take your money out of the investment system and just spend it or put it someplace else and it keeps it in the system. keeps american businesses...
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executive at morgan stanley in a very big democratic operative, a senioo executive, then to be hillary clinton's number two of secretary of state, and rumored, rumor, it's in the wall street washington nexus, that if jack lew is treasury secretary, highly likely if you read the tea leaves, he gets jack's job as the chief of staff. interesting meeting. this guy is a key player in the obama administration. you know, there's lots of taj about coming back to wall street. he likes it down there, and he likes working there, and that he wants a higher position, and, you know -- >> down in wall street or washington? >> washington. washington's south; right? >> of here. >> wall street's south of here too. >> but down, down there. the meetings are about keeping people, i think, in line. we should point out that larry fink is on the treasury secretary short list. you know, i think this is jack lew's to lose, so to speak. that's what people say on wall street. if he's well in the budget negotiations, meaning, you know, basically, jamming most of the president's proposals down the republicans' throat, looks
executive at morgan stanley in a very big democratic operative, a senioo executive, then to be hillary clinton's number two of secretary of state, and rumored, rumor, it's in the wall street washington nexus, that if jack lew is treasury secretary, highly likely if you read the tea leaves, he gets jack's job as the chief of staff. interesting meeting. this guy is a key player in the obama administration. you know, there's lots of taj about coming back to wall street. he likes it down there, and...
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and a quick note on hillary clinton, a new abc news "washington post" poll shows if she decides to run for president in 2016, she's already got a leg up. 57% of people say they would support her. not a bad start. we're back after the break. stay with us. exciting issue. from financial regulation, iran getting a nuclear bomb, civil war in syria, fraud on wall street, destruction of medicare and medicaid. there are real issues here. having been a governor, i know that trade-offs are tough. things everyday exploding around the world that leave no shortage for exciting conversations. i want our viewer to understand why things have happened. at the end of the show, you know what has happened, why its happened and more importantly, what's going to happen tomorrow. of sununu, you're wrong. mitt romney, you're wrong. we need more teachers, not fewer teachers and more cops and more firefighters that support our >> announcer: ladies and gentlemen, it's "the stephanie miller show." ♪ i'm walkin' on sunshine ♪ ♪ i'm walkin' on sunshine ♪ ♪ and it's time to feel good ♪ ♪ hey, all righ
and a quick note on hillary clinton, a new abc news "washington post" poll shows if she decides to run for president in 2016, she's already got a leg up. 57% of people say they would support her. not a bad start. we're back after the break. stay with us. exciting issue. from financial regulation, iran getting a nuclear bomb, civil war in syria, fraud on wall street, destruction of medicare and medicaid. there are real issues here. having been a governor, i know that trade-offs are...
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his explanation, like clinton's. barack obama, he does not want to explain anything because he does not even believe in the goals with all due respect. and as a result he is not about to talk about it. you want to talk about other things. no wonder that the american people are despondent over this and have no will to fight it. all they see is the downside, guys coming back with an arm blown off. if the comeback. and a lot of cost without any explanation whatsoever about why this is important. without the president's standing appear leading the people as to why we have to pull together and support this and sacrifice. henry kissinger said something along. part of the reason is that their leaders have lost the capacity to get there people to follow them in any sacrifice. there is nothing to before, so why would you ever want to sacrifice? people have to have a reason to be for something. can be nationalistic. that is not really all that good, but part of winning this is to be able to talk about it with principles in min
his explanation, like clinton's. barack obama, he does not want to explain anything because he does not even believe in the goals with all due respect. and as a result he is not about to talk about it. you want to talk about other things. no wonder that the american people are despondent over this and have no will to fight it. all they see is the downside, guys coming back with an arm blown off. if the comeback. and a lot of cost without any explanation whatsoever about why this is important....
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the white house position is that they must go back to clinton rates for top earners. that is nearly 40% on amounts of more than $250,000 a year. republicans have put $800 billion of unspecified tax revenue on the table but they're saying no to a tax rate increase. democrats have said no to that proposal.% in response to that a spokesman for house speaker john boehner saying despite republicans offer to put real revenue on the table the president has offered no concessions whatsoever. when will this willingness to compromise materialize??3 now republicans and democrats say there are no major meetings planned, no summit for democrats and republicans yet to get together and talk on this. the white house says they imagine that there is some e-mail traffic going back and forth but they refuse to tell us when and where they plan on negotiating this. back to you. ashley: i bet the language in the e-mail is pretty interesting too. >> right. ashley: rich edson, thanks so much. tracy: well more companies are accelerating their dividend payments. so we heard from campbell's soup
the white house position is that they must go back to clinton rates for top earners. that is nearly 40% on amounts of more than $250,000 a year. republicans have put $800 billion of unspecified tax revenue on the table but they're saying no to a tax rate increase. democrats have said no to that proposal.% in response to that a spokesman for house speaker john boehner saying despite republicans offer to put real revenue on the table the president has offered no concessions whatsoever. when will...
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. >>> and a prominent new york city politician asked the secretary hillary clinton as she prepares to step down. michael bloomberg called clinton to encourage her to enter the 2013 race for new york mayor when his term end. "the new york times" made it clear that she had no interest in the job. if she, however, decides to change her mind, she has one hurdle she has to overcome. she has to be a resident of the city. she bought a home when sheep deep sided to run for senate. >> exactly. >> new york senate years ago. >> you would imagine hillary clinton is one of the superstars in politics, and she has certain star power. you would think if she comes back into politics at this point -- they say she is not -- she would want a national office compared to a big, big job like mayor of new york city. if she gets in the game, she's going for the top again. the white house, not here in new york. >> what is mayor bloomberg going to do, steps down december 31st of 2013. >> count his money, i guess. >>> speaking of money, mitt romney is making a career move of sorts. he's rejoining the board of di
. >>> and a prominent new york city politician asked the secretary hillary clinton as she prepares to step down. michael bloomberg called clinton to encourage her to enter the 2013 race for new york mayor when his term end. "the new york times" made it clear that she had no interest in the job. if she, however, decides to change her mind, she has one hurdle she has to overcome. she has to be a resident of the city. she bought a home when sheep deep sided to run for senate....
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breaking news, secretary of state hillary clinton in high-level talks right now about the crisis in syria as nbc news learns the syrian military is awaiting final orders to use chemical weapons on its own people. what can the u.s. government do to avoid a catastrophe? >>> dire warning. 26 days left until the deadline and a top official says the president is willing to go off the fiscal cliff if necessary. and some republicans signal they may be ready to give in on a key sticking point. >>> and heading home, a smiling duchess of cambridge and prince william leave the hospital this morning, four days after she checked in with extreme morning sickness. we're live in london today, thursday, december 6th, 2012. >> announcer: from nbc news, this is "today" with matt lauer and savannah gurthrie live from studio 1a in rockefeller plaza. >>> and good morning, welcome to "today" on a thursday morning, i'm savannah gurthrie. >> and i'm matt lauer. nice images to see out of london over the past couple of days. we've been watching duchess of cambridge. she seemed a little shaky as she held the railing
breaking news, secretary of state hillary clinton in high-level talks right now about the crisis in syria as nbc news learns the syrian military is awaiting final orders to use chemical weapons on its own people. what can the u.s. government do to avoid a catastrophe? >>> dire warning. 26 days left until the deadline and a top official says the president is willing to go off the fiscal cliff if necessary. and some republicans signal they may be ready to give in on a key sticking point....
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don't republicans, some republicans want susan rice to be the next secretary of state replacing hillary clinton? in the past, top democrats claimed she's only being criticized because she's black. >> you know, these are code words. that's kinds of terms, those of us, especially those of white house have born and raised in the south, we are hear these words and phrases all of our lives and we get insulted by them. susan rice is as competent as anybody you will find. she was wrong for doing it. but don't call her incompetent. that is something totally different. >> steve: is that really the case? here to comment is senior fellow at the hoover institution, victor davis hanson. pleasure to have you. thank you very much. >> thank you for having me. >> steve: what do you think of that? >> sharon rice wasn't on tv shortly after the benghazi attack, and not just declared u about emphatically declared that it was a result of spontaneous demonstration. i think all america as they saw her say that, couldn't believe it. people don't bring povertyars to demonstrations. >> steve: absolutely. you would think
don't republicans, some republicans want susan rice to be the next secretary of state replacing hillary clinton? in the past, top democrats claimed she's only being criticized because she's black. >> you know, these are code words. that's kinds of terms, those of us, especially those of white house have born and raised in the south, we are hear these words and phrases all of our lives and we get insulted by them. susan rice is as competent as anybody you will find. she was wrong for doing...